Seller's Agent in 2020
David Kibbey
Desert Sotheby's International Realty
(760) 774-0105
1 in this area
120 Total Sales
18 Covington Dr Palm Desert, CA 92260
Desert Willow NeighborhoodEstimated Value: $1,070,000 - $1,186,000
4
Beds
4.5
Baths
3,420
Sq Ft
$333/Sq Ft
Est. Value
Highlights
- Attached Guest House
- Pebble Pool Finish
- Primary Bedroom Suite
- James Earl Carter Elementary School Rated A-
- Gourmet Kitchen
- Custom Home
About This Home
As of February 2020Custom designed Home located on prime corner lot w/in the guard gated Montecito Community, Palm Desert's best kept secret, surrounded by the premiere full-facility Desert Willow Golf Resort. Location is recognized as the 'Center of the Valley' w/numerous restaurants, JW Marriott Desert Springs Resort, Ralph's Grocery, Starbucks and IW Coffee, all within walking distance. Floorplan ideal for entertaining friends and family includes four bedrooms + attached bonus casita/remodeled professional office w/entry off front courtyard. Offers unique functional flexibility w/multiple A/C zones w/central common area core and adjacency to multiple bedrooms/office/built-in craft room storage. From the inviting entry, stroll through customized front doors into the charming sitting/living room w/fireplace and open view of expansive backyard featuring covered dining deck, pool/spa, lounging, central fire pit w/surrounding seating and free-standing island barbecue. Adjoining open Great Room w/additional fireplace and central TV adjacent to open kitchen, granite counter and corner breakfast area. Ideal home for capturing indoor/outdoor Desert lifestyle living. HOA fees of ONLY $185/MONTH.
Last Agent to Sell the Property
Desert Sotheby's International Realty License #01341384 Listed on: 01/02/2020
Last Buyer's Agent
Robert Villegas
HomeSmart Professionals License #01329466
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,480
Year Built
- Built in 2002
Lot Details
- 10,454 Sq Ft Lot
- Stucco Fence
- Corner Lot
- Drip System Landscaping
- Sprinklers on Timer
HOA Fees
- $185 Monthly HOA Fees
Home Design
- Custom Home
- Slab Foundation
- Tile Roof
- Concrete Roof
- Stucco Exterior
Interior Spaces
- 3,420 Sq Ft Home
- 3-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace With Glass Doors
- Gas Log Fireplace
- Shutters
- Custom Window Coverings
- Blinds
- Double Door Entry
- Sliding Doors
- Great Room with Fireplace
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Utility Room
- Laundry Room
- Mountain Views
- Prewired Security
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Jack-and-Jill Bathroom
- Powder Room
- Double Vanity
- Secondary bathroom tub or shower combo
- Shower Only in Secondary Bathroom
- Granite Shower
Parking
- 2 Car Direct Access Garage
- Driveway
Pool
- Pebble Pool Finish
- Heated In Ground Pool
- In Ground Spa
- Outdoor Pool
- Saltwater Pool
Outdoor Features
- Covered patio or porch
- Outdoor Fireplace
- Fire Pit
- Built-In Barbecue
Additional Homes
- Attached Guest House
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Property is located within a water district
Listing and Financial Details
- Assessor Parcel Number 620351005
Community Details
Overview
- Association fees include security
- Montecito Homes Subdivision
- Planned Unit Development
Security
- Controlled Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 2, 2020
Closed on
Jan 22, 2020
Sold by
Brealey Dennis A and Brealey Maureen H
Bought by
Reuter Kevin S and Reuter Clare K
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Robert Villegas
HomeSmart Professionals
List Price
$749,900
Sold Price
$742,500
Premium/Discount to List
-$7,400
-0.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,058
Avg. Annual Appreciation
8.13%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 29, 2009
Sold by
Brealey Dennis A and Brealey Maureen
Bought by
Brealey Dennis A and Brealey Maureen H
Purchase Details
Closed on
Jan 24, 2003
Sold by
Montecito 10 Llc
Bought by
Brealey Dennis A and Brealey Maureen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.93%
Purchase Details
Closed on
Jun 9, 2000
Sold by
Demeter Louis M and Demeter Carolyn A
Bought by
Montecito 10 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.2%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 10, 1999
Sold by
Wilhelm Don C and Wilhelm Nancy K
Bought by
Demeter Louis M and Demeter Carolyn A
Purchase Details
Closed on
Dec 8, 1993
Sold by
Montecito Holdings Inc
Bought by
Wilhelm Don C and Wilhelm Nancy K
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reuter Kevin S | $742,500 | Lawyers Title | |
| Brealey Dennis A | -- | None Available | |
| Brealey Dennis A | $550,000 | Old Republic Title Company | |
| Montecito 10 Llc | $100,000 | Chicago Title Co | |
| Demeter Louis M | $90,000 | Benefit Land Title | |
| Wilhelm Don C | $80,000 | Orange Coast Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kevin S Reuter S | $205,000 | |
| Closed | Reuter Kevin S | $200,000 | |
| Open | Reuter Kevin S | $360,000 | |
| Closed | Kevin S Reuter S | $80,000 | |
| Previous Owner | Brealey Dennis A | $100,000 | |
| Previous Owner | Brealey Dennis A | $335,100 | |
| Previous Owner | Brealey Dennis A | $325,000 | |
| Previous Owner | Brealey Dennis A | $100,000 | |
| Previous Owner | Brealey Dennis A | $275,000 | |
| Previous Owner | Montecito 10 Llc | $50,000 | |
| Previous Owner | Montecito 10 Llc | $50,000 | |
| Closed | Montecito 10 Llc | $5,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/13/2020 02/13/20 | Sold | $742,500 | -1.0% | $217 / Sq Ft |
| 02/10/2020 02/10/20 | Pending | -- | -- | -- |
| 01/02/2020 01/02/20 | For Sale | $749,900 | -- | $219 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,480 | $812,027 | $196,854 | $615,173 |
| 2023 | $10,480 | $780,497 | $189,211 | $591,286 |
| 2022 | $9,939 | $765,194 | $185,501 | $579,693 |
| 2021 | $9,728 | $750,191 | $181,864 | $568,327 |
| 2020 | $9,278 | $727,030 | $181,750 | $545,280 |
| 2019 | $9,103 | $712,776 | $178,187 | $534,589 |
| 2018 | $8,931 | $698,801 | $174,695 | $524,106 |
| 2017 | $8,748 | $685,100 | $171,270 | $513,830 |
| 2016 | $8,532 | $671,667 | $167,912 | $503,755 |
| 2015 | $8,553 | $661,580 | $165,391 | $496,189 |
| 2014 | $7,818 | $611,000 | $153,000 | $458,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2020
Robert Villegas
HomeSmart Professionals
Map
Source: California Desert Association of REALTORS®
MLS Number: 219036001
APN: 620-351-005
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